New, accredited investor definition triggers issues Private funds should take a new look at their subscription agreements after the SEC’s decision to widen the definition ...
A divided SEC has voted to widen definitions of accredited investors in another step that proponents hope will bring more retail investors into the private ...
Any CCO should sit in on employee video calls with the SEC, just as a compliance officer—or other firm examination liaison—should be in the room ...
By the time you finish reading this story, three more of your fellow humans will have developed Alzheimer’s disease. More than 50 million people around ...
Another adviser’s return-to-work P&Ps note restrictions on unnecessary travel, virus testing when traveling staff return, frequent wiping down of “door handles, counters, kitchen tables,” staggered breaks ...
“The people doing this are people who were kicked out of the industry and are now paying people to do this for them,” believes Mohabir
“Morgan Stanley hired a vendor to remove customers’ data from the Equipment” but later learned the data had “not been fully ‘wiped’ clean” and the ...
Investment advisers and broker-dealers should take extra steps to make sure they’re validating investors’ identities and the authenticity of disbursement instructions, and have “a trusted ...
The shareholder report would start with a fund name, ticker symbol, the words “Annual Shareholder Report,” and a legend
The DOL’s proposal would mandate firms conduct an annual review. The IAA argued this requirement would be redundant given the Advisers Act’s similar mandate